By Bowdeya Tweh 
 

Goldcorp Inc. (GG) shareholders voted Thursday to approve Newmont Mining Corp.'s (NEM) takeover of the firm.

More than 97% of votes cast backed the deal, Goldcorp said in a statement.

Newmont shareholders will vote April 11 on whether to issue shares in connection with the transaction.

The companies expect the deal to close in the current quarter.

Newmont reached a deal in January to buy rival Canadian gold producer Goldcorp in a $10 billion, all-stock deal.

In a separate statement Thursday, Newmont said the vote would bring it closer to creating "the world's leading gold busienss as measured by assets, prospects and people."

 

Write to Bowdeya Tweh at bowdeya.tweh@wsj.com

 

(END) Dow Jones Newswires

April 04, 2019 13:20 ET (17:20 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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